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ARTICLE · 17 FEBRUARY 2013

Inquiry into Construction Industry Insolvency in NSW – Final Report

The report makes recommendations to minimise the effect of construction company insolvencies on jobs and major projects.

AustraliaReal Estate and Construction

In August 2012 the NSW Government commissioned an Independent Inquiry into Construction Industry Insolvency. The Inquiry was asked to assess the causes and extent of insolvency in the building and construction industry and to recommend measures to better protect subcontractors from the effects of insolvency.

In November 2012, Norton Rose released a Briefing Paper that examined the NSW Government Discussion and Issues Paper Inquiry into Construction Industry Insolvency in NSW, commissioned as part of the Inquiry.

The NSW government has now released the Final Report of Bruce Collins QC. The Final Report (a copy can be found here) makes 44 recommendations to minimise the effect of construction company insolvencies on jobs and major projects in the state. The key recommendations of the report include:

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